Amazon is inching into the luxury goods market in search of high-quality data
Amazon is inching into the luxury goods market in search of high-quality data Amazon buys ‘minority stake’ in Neiman Marcus When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Amazonhas purchased a minority stake in US luxury department store chain Neiman Marcus in a bid to expand its reach into more markets. Despite revolutionizing ecommerce over the course of around two decades, Amazon has failed to penetrate the luxury goods sector highlighting extensive data that the company is set to be able to collect....